|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||31.44 - 31.44|
|52 Week Range||26.14 - 37.26|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Finnish government's investment arm has spent around 205 million euros (175.39 million pounds) to buy a 5.1 percent stake in Finnish tyre maker Nokian Tyres, it said on Tuesday. Investment arm Solidium paid around 29.3 euros per share as it acquired seven million shares in the company. The move came after Japan's Bridgestone, previously Nokian Tyres' largest stakeholder, reduced its ownership in the Finnish company, leaving it vulnerable to stakebuilding by other groups.
HELSINKI (Reuters) - Finnish tyre maker Nokian Tyres on Tuesday reported a 4.4 percent fall in fourth-quarter operating profit to 117.2 million euros (102.8 million pounds) but beat analysts forecasts. ...
Finland's Nokian Tyres (NRE1V.HE) has set its sights on future growth opportunities in China and Japan, Chief Executive Hille Korhonen said on Tuesday. Nokian, which is known for its winter tyres for icy roads, makes most of its sales in Russia and Northern Europe and is building a new factory in the United States. The fledgling Chinese winter tyre market is growing, she said, noting that there is no legislation for compulsory use of winter tyres.
European shares rallied on Wednesday as a tumultuous October drew to a close and strong results from L'Oreal, Sanofi and banks Standard Chartered and Santander soothed investors' nerves. Despite its gains, the STOXX 600 posted its worst month since January 2016 after global equity markets reeled from sudden sell-offs and a pick-up in volatility this month.
Finland's Nokian Tyres (NRE1V.HE) reported a surprise fall in quarterly earnings on Wednesday and cut its full-year profit outlook, citing issues in Russia and Norway on top of new emissions standards that have had an impact across the sector. Nokian, which has a large plant in Russia and a smaller one in Finland, said 2018 sales and operating profit were now expected to be flat or slightly higher than 2017, compared with a previous forecast of growing sales and profit.
If you are currently a shareholder in Nokian Renkaat Oyj (HEL:NRE1V), or considering investing in the stock, you need to examine how the business generates cash, and how it isRead More...
Nokian Renkaat Oyj (HEL:NRE1V), a auto components company based in Finland, saw a double-digit share price rise of over 10% in the past couple of months on the HLSE. WithRead More...
WASHINGTON, Aug. 22, 2018 /PRNewswire/ -- Nokian Tyres and Valtra have set the world record for snow removal with an autonomous tractor. The speed record was set in March 2018 using an unmanned Valtra T254 Versu tractor equipped with Nokian Hakkapeliitta TRI tyres. While not necessary for achieving this speed record, the standard T254 Versu comes equipped with the innovative SmartTouch user interface, which has been widely praised by tractor operators for its intuitiveness.
European stocks traded mixed on Wednesday as investor kept a close eye on corporate earnings and trade tensions.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between company’s fundamentals and stock market performance.Read More...
WASHINGTON , June 26, 2018 /PRNewswire/ -- Next weekend, Nokian Tyres will drive hundreds of triathletes to excellent results in the sold-out Nokian Tyres IRONMAN 70.3 Finland race in the city of Lahti. ...
In this commentary, I will examine Nokian Renkaat Oyj’s (HEL:NRE1V) latest earnings update (31 March 2018) and compare these figures against its performance over the past couple of years, asRead More...
The digital SnapSkan service, developed by tyre manufacturer Nokian Tyres in cooperation with the tyre retail and car service chain Vianor, makes tyre condition checking and monitoring simple and quick without any extra cost. The service is now launching five new checking points in the Nordic countries. SnapSkan makes measuring tyre tread depth quick and easy by utilising the latest 3D scanning technology. SnapSkan scanners can be found at parking garages' exits or entries.
With an ROE of 15.08%, Nokian Renkaat Oyj (HLSE:NRE1V) outpaced its own industry which delivered a less exciting 13.61% over the past year. Superficially, this looks great since we knowRead More...
The most recent earnings release Nokian Renkaat Oyj’s (HLSE:NRE1V) announced in December 2017 indicated that the company faced a substantial headwind with earnings falling by -12.07%. Investors may find itRead More...
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Nokian Renkaat Oyj (HLSE:NRE1V), with a market cap of €5.05B, are often out of theRead More...